China factory activity held steady in May, index shows
04:19, Jun 9, 2017
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The factory Purchasing Managers' Index fell to 56.7 in May from 57.3 in April. Moreover, there was a renewed decline in new export orders. The positive figure means the bloc's economy is enjoying a stable and broad-based recovery, which will be welcomed by policymakers at the European Central Bank.
IHS Markit Ltd senior economist Paul Smith said in a statement that the "latest data dashed hopes of a sustained manufacturing upturn in Malaysia, with the headline PMI returning to contraction territory".
Manufacturing posted its fastest growth in nearly two years in May as employment surged, a survey showed today.
"May's PMI signaled a further worsening of conditions in the Greek manufacturing sector". Work backlogs have fallen since the beginning of 2017, and purchasing activity has also fallen with inflation down to a five-month low.
An index measuring output, which feeds into a composite PMI due next week, also climbed further above the 50 mark that separates growth from contraction.
Strong competitive pressures forced manufacturers to lower their factory gate prices as cost burdens grew, squeezing profit margins.
Despite sterling's prolonged weakness, input prices for construction firms rose at the slowest pace for seven months.
Among member nations, Germany stayed atop the PMI growth rankings with fastest gains in output, new orders and jobs.
"Political tensions around THAAD continued to undermine new export business with China, according to panelists", Nikkei/Markit said in the statement, referring to Beijing's opposition to South Korea's decision to install a USA -designed anti-missile system to counter North Korea. "Growth of new export business played a lesser role in comparison, with the trend in foreign demand continuing to improve only in fits and starts, despite the assistance of a historically weak sterling exchange rate".
Overall, orders were growing at the second-fastest rate in the past three years, just off April's peak - matching similar upbeat results in a survey by the Confederation of British Industry earlier this month.
Chinese officials recently asked the state for guidance with a carbon emissions trading market they plan to launch this year. But the nation has also become the largest investor in renewable energy, and the world's biggest producer of solar power.
In his first remarks on the assault, Philippine President Rodrigo Duterte said that the attacker was simply "crazy". Albayalde said Carlos, a father of three, had a bank account with an outstanding debt of 4 million pesos ($81,000).
The Nashville Predators came out flying in the first period, and it looked like Nashville would take game-one over Pittsburgh . Though face-offs haven't been a strength for the Penguins all season, they'll be looking to improve that mark in Game 3.
By some calculations it was convenient for them to release this information, so they released it, citing Russian Federation . Blunt says "let's find out what happened and bring this to a conclusion". "But I frankly think we need to hear Mr.
Ryan Johansen didn't play for the Predators because of a thigh injury that is side lining him for the rest of the postseason. The Predators pounced on the opportunity when Colin Wilson scored his second goal of the post season to tie it up at 1-1.
The "HomePod" speaker unveiled Monday is similar to devices from rivals, some of which have been on the market for years . The Echo, released in 2015, and Google Home, released past year , were the first entrants in a promising market.
Those of you who want to try it out can visit the Google Play Store by clicking the button below to download it your device. You can do documents and forms, of course, but it'll also scan notes, business cards, pictures, and big ol' whiteboards.
USA paints firm PPG has dropped a proposal to buy the Dulux-owner AkzoNobel after the Dutch firm spurned several informal offers. Akzo Nobel has held firm to its alternative plan to break into two companies focused on chemicals and coatings.
Apple is also bringing the ability to send money to friends or other people through its payment service, Apple Pay . The Echo, released in 2015, and Google Home , released a year ago , were the first entrants in a promising market.
Former Penguin James Neal threw an ill-advised pass into the neutral zone, and Brian Dumoulin sent a quick-up to Crosby. Roman Josi held the puck up long enough in the crease to allow Rinne to dive across and make a circus save on Guentzel.
British police name two London Bridge attackers
Asked if he would back calls made by others for May to resign, Labour leader Jeremy Corbyn told Sky News: "Indeed I would. A minute's silence was observed in Britain at 11 a.m. local time (1000 GMT) in memory of those killed during the attack.
Pat Riley says Magic Johnson is the greatest player ever
But Green contends it doesn't make any sense to compare teams or players from different eras because the game has changed so much. Well, word of Johnson's bold claim made its way to Warriors forward Draymond Green , who offered a flawless response.
Fitbit, Inc. (NYSE:FIT) showed monthly volitility of 4.48%
In related news, EVP Andy Missan sold 50,000 shares of the business's stock in a transaction that occurred on Tuesday, March 7th. The Average Volume of the company is 3.23 Million, while the Volume of the company in the last trading session was 4.65 Billion.
White House official: Trump plans to pull U.S. from Paris deal
Economists say that leaving the Paris deal and easing efforts to control emissions would hardly deliver a big payoff in jobs. Quitting the Paris accord may not resonate with members of Trump's Republican Party as much as his administration expects.